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Endowments take a hit, but students won’t notice much difference
July 8, 2009
While endowments at universities across the city are taking a beating as investment markets continue to slide, most schools are making only minor changes in response, financial officers say. Nationwide, most universities have watched their endowments slide by 25 percent or more in the last year, but the fallout is varying widely from school to school. (Regional emphasis)
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